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Commercial Real Estate News for Tuesday, November 1

Enjoy these 5 articles and get a leg up on other brokers!

Avi Katz to Expand His $650 Million Real Estate Fund to New York

Hagshama Fund, a private investment firm, will begin operating from New York in 2017. The firm is looking for people willing to pool around $25,000 with other investors to own slices of real estate around the globe.

Holiday Inn Construction Underway in Tonawanda

Construction has begun on a three-story, 84-room Holiday Inn Express hotel in Tonawanda, NY. The $10 million project is located along I-290, as tourists head North toward Niagara Falls.

The Election’s Effect on the Economy? Doughnut Sales are Probably Safe

Many commercial businesses are factoring the presidential election into their quarterly performances, but experts say it’s likely impossible to tell how much the election has affected anyone’s field in the short term. The most prominent effects won’t show up until years down the line, when the winning candidate has implemented their policies.

Dairyland Property in Kenosha Lined Up for Sale, Manufacturing Redevelopment

Dairyland Greyhound Park in Kenosha, WI looks to have found a buyer in an unnamed national development group. The property has been on sale for over a year, after plans to build a sprawling casino/entertainment complex were rejected by the state.

Should You Sell Everything? Cycles, the Long-Term View and the Next Recession

A good overview of adopting long-term investing strategies and the state of the current market.